cap-and-trade

adjective

: relating to or being a system that caps the amount of carbon emissions a given company may produce but allows it to buy rights to produce additional emissions from a company that does not use the equivalent amount of its own allowance

Examples of cap-and-trade in a Sentence

Recent Examples on the Web During the Obama presidency, Walz backed the president on the big votes that mattered, such as the Affordable Care Act and the cap-and-trade bill. Andrew Prokop, Vox, 9 Aug. 2024 That’s a problem for California’s cap-and-trade initiative, which depends in part on corporate polluters paying to protect forests and thus keep planet-warming carbon emissions out of the atmosphere, instead of reducing their own emissions. Sammy Roth, Los Angeles Times, 8 Aug. 2024 This November, voters in Washington state will have the final say on Initiative 2117, which would repeal the Climate Commitment Act and prohibit state agencies from implementing a cap-and-trade program. Brett Davis | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 26 June 2024 In some cases, such as the United States’ trading mechanism for sulfur dioxide emissions (the world’s first large-scale pollutant cap-and-trade system, often thought to represent the success of market mechanisms), pricing followed rather than led successful administrative interventions. Joseph E. Stiglitz, Foreign Affairs, 25 July 2022 See all Example Sentences for cap-and-trade 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'cap-and-trade.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1995, in the meaning defined above

Time Traveler
The first known use of cap-and-trade was in 1995

Dictionary Entries Near cap-and-trade

Cite this Entry

“Cap-and-trade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cap-and-trade. Accessed 18 Sep. 2024.

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